The compilation and dissemination of the data by the Banco de España are governed in part by Law 13/1994 on the Autonomy of the Banco de España. Article 7.5 f requires the Banco de España to produce and disseminate statistics in the fields under its responsibility. This law is available, in Spanish and English, on the Banco de España website:
Furthermore, the National Statistical Plan 2017-2020, which is prepared every four years and is approved by Real Decreto (Royal Decree) and published in the “Boletín Oficial del Estado” (Official State Gazette), entrusts the Banco de España with the compilation of the Financial Accounts, the Balance of Payments and International Investment Position statistics, the Survey of Households Finance, Public Debt according to the Excessive Deficit Protocol and the Finance Competences Survey.
Banco de España re-disseminates data on euro exchange rates as a public service .
Data sharing and coordination, for the purpose of
statistical compilation, between the Banco de España and other statistical
agencies/financial supervisory institutions take place when necessary. In
particular, this occurs with the National Statistics Institute, the National
Audit Office, the National Securities Market Commission and the Directorate
General of Insurance and Pension Funds.
Spanish legislation has strict rules regarding the protection of personal data and the security of the media where such data are stored (Organic Law on data Protection and the National Security Framework, among others).
In addition, the Law on Public Statistical Services (LFEP) ensures secrecy for all individual information handled in the different phases of statistical production.
The Banco de España Statistics Department
has around 150 employees. The collection of individual banking information is
under the responsibility of the Financial Information Department, which carries
out this task for statistical as well as for supervisory purposes.
The Statistics Department manages a FAME time series database of all
steps of the production of statistics: collection, compilation, dissemination
and transmission to international organizations (IMF, ECB. OECD and BIS). Moreover,
it also manages a Data Warehouse used mainly for securities-holding statistics,
balance of payments and non-financial corporate statistics.
The Banco de España has implemented several internal
procedures to ensure an efficient use of resources, for example, regular annual
plans are prepared by the Statistics Department and users are consulted in
defining new statistics. Moreover, the Statistics Department’s activities are
subject to the internal rules on operational risk control, contingency plans
and auditing exercises, which are applicable to all areas of the Bank.
The relevance of existing statistics is evaluated
taking into account: users’ consultations addressed to the Statistics
Information Service accessible via the Internet, and phone users’ access to
information available on the Internet (tables and statistical database), meetings
with interested journalists, and regular contact with the media by the
As a member of the ESCB, statistics produced by the
Banco de España within the framework of ECB regulations and guidelines are
subject to regular quality monitoring reports, some internal to the ESCB and
other publicly available on the ECB web site. Moreover, statistical processes
are also subject to Audit reports in the context of national and ESCB annual
There is no ministerial commentary accompanying the release of the data. The statistical publications of the Banco de España do not contain interpretative comments. Should there be any such commentary, this is disseminated in articles of economic interest in specific non-statistical publications of the Banco de España, e.g. the "Boletín Económico".
The euro foreign exchange reference rates: Spain, as a participating member state of the European Economic and Monetary Union (EMU), has elected to refer to the summary methodology statement provided by the European Central Bank on this item. This statement can be accessed by clicking here.
As of January 1, 1999, the euro has been introduced as a new currency unit of the European Economic and Monetary Union (EMU) in which Spain participates. The exchange rate of the peseta in relation to the Euro is fixed. As a consequence of this, the peseta has ceased to be traded on the markets as from the above-mentioned date.
The "Boletín Estadístico" includes further information on exchange rates such as the monthly average exchange rates of 11 currencies against the US dollar and 36 currencies against the ecu/euro; competitiveness indices of Spain against the main country groupings (European Union, developed countries and industrialised countries) using both consumer price indices and industrial price indices. The base for the index is1999 I=100.
Exchange rates are published daily through wire services (available only for news agencies). Reuters, Telerate, Bloomberg and other wire services re-disseminate this information almost immediately. The following day this information is released at the Banco de España website (http://www.bde.es/webbde/es/estadis/infoest/tc_1_1e.pdf).
Banco de España publishes methodological notes in the "Boletín Estadístico", following methodological changes. In each issue an index can be found with the record of all the notes published.
Last posted: Date IMF staff last posted an update to these metadata on the
Last certified: Date subscriber last officially certified the accuracy of
Last updated: Date subscriber last submitted an update of these metadata
to the IMF.